The contemporary residence—built in 2009—opens to a two-story foyer with a skylight. A curved double staircase leads up to the main level, which encompasses the formal living room and dining area—complete with a wine refrigerator and built-ins—plus a lounge adjacent to a full wet bar.

Pops of color accent the taupe-hued walls and floors of the sprawling space.

The chef’s kitchen, which shares a floor-to-ceiling fireplace with the dining room, features a breakfast bar, stainless steel appliances, and ample storage space.

Decked out in earthy tones and textures, the en-suite bedrooms are each outfitted with a hearth and sliding doors that lead out to the surrounding lawn.

The master suite touts a sitting area and an Eastern (not California) king bed, which overlooks the pool and outdoor lounge via retractable, wall-sized windows.

The master suite boasts an Eastern—not California—king bed.

A floor-to-ceiling fireplace divides the lounge and sleeping quarters.

Dual sinks, a rainforest shower, and a separate Jacuzzi constitute the master bath, complemented by a walk-in closet with a vanity.

The master bath features a glass-encased walk-in shower and dual vanities.

A rooftop sundeck with a mini putting green overlooks the outdoor entertainment expanse, which boasts a large pool with an adjoining spa and waterfall, flanked by a covered barbecue station with a wet bar, an informal dining area, and multiple lounges.

The rooftop deck features an elevated mini putting green.

The outdoor entertainment space showcases a pool with a spa and a covered barbecue station and dining area.

The lower level houses a laundry room and a den with a mini bar, and offers access to the multi-car garage.

Ben Bacal, one of three agents representing listing, says the singer—set to star in the upcoming movie Ocean's 8 alongside Anne Hathaway, Sandra Bullock, and Cate Blanchett—rented out the property for roughly eight months in 2012. Previous reports claiming she purchased the pad for $12 million are false, he says: “She tried to buy it, but was $180,000 short.”

Credit: Getty Images

The house—owned by the seller since 2004—was originally listed in March 2014 for $14.995 million and has been on and off the market ever since. “It’s a great deal for a luxury home in the most sought after area of the Pacific Palisades,” he asserts, noting that its last tenants—who occupied the address for half a year—paid $100,000 a month for the sumptuous sprawl. But interested parties should hold off on making an offer, pending another price reduction in the near future.

Kristin Angelie Tablang is the lifestyle assistant editor at Forbes. A native New Yorker, she's a proud alum of both the City's Macaulay Honors College and Bronx High School of Science. In the past she has contributed to numerous publications, from New York Family and Four ...